Broadwind Energy Announces $14 Million in New Tower Orders
Broadwind Energy, Inc. (NASDAQ: BWEN) today announced $14 million in new tower orders from a U.S. wind turbine manufacturer. Broadwind will produce these towers in its Manitowoc, WI and Abilene, TX facilities. Broadwind President and CEO Peter Duprey stated, “With these orders, nearly three quarters of our tower production capacity for 2015 is sold and we expect to fill the remaining capacity before year-end. We are in discussions with customers for additional commitments into 2016 and 2017 and look forward to a decision on the Production Tax Credit after the November elections. We remain confident about the demand for wind energy assets in the U.S.”
About Broadwind Energy, Inc.
Broadwind Energy (NASDAQ: BWEN) applies decades of deep industrial expertise to innovate integrated solutions for customers in the energy and infrastructure markets. From gears and gearing systems for wind, steel, oil and gas and mining applications, to wind towers, to comprehensive remanufacturing of gearboxes and blades, to operations and maintenance services and industrial weldments, we have solutions for the energy needs of the future. With facilities throughout the U.S., Broadwind Energy's talented team of over 800 employees is committed to helping customers maximize performance of their investments – quicker, easier and smarter. Find out more at www.bwen.com
- Source:
- Broadwind Energy
- Link:
- www.bwen.com/...